Vietnam’s exports of petroleum products decreased by 4.53 percent in February compared to January, amounting to US$71.05 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s petroleum product exports total US$145.88 million for 2025, showing a significant decrease from the previous month.
The decrease in exports was mainly due to a sharp decline in shipments to Cambodia, which fell by 51.52 percent, as well as to Thailand, where exports dropped to zero. However, exports to South Korea, Singapore, and China showed positive growth, increasing by 33.39 percent, 29.30 percent, and 1.73 percent, respectively.
See also: Petroleum Industry in Vietnam
Vietnam petroleum products exports, February 2025, US$ millions
February | January | MoM | % of Total | YTD | |
Total | 71.05 | 74.42 | -4.53% | 100.00% | 145.88 |
Other | 0.37 | 0.80 | -54.23% | 0.52% | 1.14 |
Cambodia | 13.14 | 27.11 | -51.52% | 18.50% | 40.15 |
South Korea | 26.13 | 19.59 | 33.39% | 36.78% | 45.72 |
China | 13.98 | 14.22 | -1.73% | 19.67% | 28.20 |
Singapore | 14.06 | 10.88 | 29.30% | 19.80% | 25.48 |
Laos | 1.70 | 1.78 | -4.40% | 2.40% | 3.48 |
Thailand | 0.00 | 0.04 | -100.00% | 0.00% | 0.04 |
Hong Kong | 0.52 | 0.00 | 0.00% | 0.74% | 0.52 |
Malaysia | 1.14 | 0.00 | 0.00% | 1.60% | 1.14 |
See also: How to Start an Export Business in Vietnam.